At the moment, the price of the cryptocurrency is moving towards the lower edge of the Bollinger band indicator. The cautious bid level for XRP purchases is close to the lower limit of the Bollinger Band indicator, at the $0.45 supply level.

Any attempt by the buyers to cancel the option to continue reducing the XRP Price would be equivalent to separating the demand from the lower edge of the Bollinger band indicator. However, after exceeding the lower edge of the Bollinger Band indicator, this will also affect the moving average with a period of 55 days and the closing of the currency price below the support level of $0.33.

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